The head of state, accompanied by Vice Premier of the State Council of the People’s Republic of China He Lifen, visited the exhibition of Uzbek-Chinese cooperation, which is taking place these days in Xi'an.
The delegations examined the stands dedicated to the cooperation between Uzbekistan and China in the fields of industry, infrastructure development, agriculture, science, education and innovation. They were provided with detailed information on the results and plans for mutually beneficial partnerships, new agreements and promising investment projects developed specifically for the visit, proposed for implementation in Uzbekistan.
On the sidelines of the exhibition in the format of a teleconference between the Chinese city of Xi'an, Syrdarya, Tashkent, Jizzakh and Samarkand regions, a solemn ceremony of launching new joint projects was held.
President Shavkat Mirziyoyev, by pressing a symbolic button, launched 15 production facilities for the production of cars and electric vehicles, building materials, a wide range of metal products and rolled products, medical supplies, as well as the construction of new enterprises worth $3.3 billion.
Then the President of Uzbekistan held a meeting with leading representatives of business, financial and investment circles in China.
The event was also attended by Vice Premier of the PRC State Council He Lifefeng, Secretary of the Party Committee of the CPC of Shaanxi Province Zhao Yide, President of the Asian Infrastructure Investment Bank Jin Liqun, Chairman of the China Council for the Promotion of International Trade Ren Hongbin, as well as heads of more than 100 large companies, corporations and banks such as China National Petroleum Corporation, China National Chemical Engineering Company, China CAMC Engineering, BYD Auto Industry, Sungrow Power Supply, China North Industries Corporation, Xinjiang Hualing Group, China Aerospace Science and Industry Corporation, Huawei Technologies, China Development Bank, Eximbank, other commercial and financial institutions.
The President highlighted the unprecedented level of cooperation achieved in recent years between the countries. It was noted that mutual trade doubled and amounted to $9 billion. The volume of Chinese investments disbursed in Uzbekistan for the first time approached $11 billion.
Today, more than 1.7 thousand enterprises with the participation of Chinese capital are successfully operating in the country. A number of major joint projects are being implemented in the energy, oil and gas, chemical, mining, textile and other industries. Particular satisfaction was expressed with the results of fruitful negotiations with Chinese President Xi Jinping, during which special attention was paid to the use of bilateral trade, economic and investment potential, as well as the creation of favorable conditions for Chinese companies in the Uzbek market.
The successful holding of joint business events within the framework of the visit of the President of Uzbekistan was also noted. In particular, agreements were reached on the implementation of new high-tech industrial, trade and investment projects worth more than $25 billion in the fields of energy, chemistry, metallurgy, geology, automotive, electrical engineering, construction and others.
“All this clearly testifies to the obvious success of the Uzbek-Chinese cooperation, the high mutual interest in deepening mutually beneficial partnership,” the President stressed.
The head of state drew the attention of the meeting participants to the radical improvement of the investment climate in the country, the most comfortable conditions created for investors. The presence in Uzbekistan of wide opportunities for organizing joint ventures for the production of products with high added value
and its further export to the markets of third countries was noted. In this regard, the most promising sectors are green energy, chemistry, automotive, electrical engineering, metallurgy, agriculture, pharmaceuticals, healthcare and others.
The President of Uzbekistan invited Chinese businessmen to take advantage of these unique opportunities, emphasizing their readiness to provide Chinese business with the necessary production infrastructure and a stable market, provide it with all kinds of support and co-finance projects.
During the exchange of views, the heads of the largest Chinese corporations, companies and banks confirmed their commitment to further development of cooperation with Uzbekistan. Readiness was expressed to expand practical cooperation in priority areas, especially in the creation of high-tech and innovative industries.
The head of state instructed the heads of ministries and departments of Uzbekistan to take the implementation of the voiced initiatives under personal control, as well as to adopt an appropriate road map indicating step-by-step mechanisms and specific deadlines for implementation.
Thus, the program of the state visit of the President ended.
At the airport, the honored guest was seen off by the Minister of Culture and Tourism of the People’s Republic of China Hu Heping, the Governor of Shaanxi Province Zhao Gang and a guard of honor company. Shavkat Mirziyoyev left for Tashkent.
